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SECURITIES INVESTOR v. BERNARD L. MADOFF INV.

No. 08-01789 (CGM) Adv. Pro. No. 10-04468 (CGM).

638 B.R. 41 (2022)

SECURITIES INVESTOR PROTECTION CORPORATION, Plaintiff-Applicant, v. BERNARD L. MADOFF INVESTMENT SECURITIES LLC, Defendant. In re: Bernard L. Madoff, Debtor. Irving H. Picard, Trustee for the Substantively Consolidated SIPA Liquidation of Bernard L. Madoff Investment Securities LLC and Bernard L. Madoff, Plaintiff, v. Ken-Wen Family Limited Partnership, Kenneth W. Brown, in his capacity as a General Partner of the Ken Wen Family Limited Partnership, and Wendy Brown, Defendants.

United States Bankruptcy Court, S.D. New York.

Signed March 9, 2022.

Attorney(s) appearing for the Case

YOUNG CONAWAY STARGATT & TAYLOR, LLP, Attorneys for the Trustee, Irving H. Picard, Rockefeller Center, 1270 Avenue of the Americas, Suite 2210, New York, NY 10020, BY: Christopher M. Lambe (via Zoom), Michael S. Neiburg (via Zoom).

BAKER HOSTETLER, LLP, Attorneys for the Irving H. Picard, Trustee, 45 Rockefeller Plaza, New York, NY 10111, BY: Nicholas Cremona (via Zoom).

LAW OFFICE OF MARK S. ROHER, P.A., Attorneys for the Defendant, Kenneth Brown, 1806 N. Flamingo Road, Suite 300, Pembroke Pines, FL 33028, BY: Mark S. Roher (via Zoom).

SIPA LIQUIDATION (Substantively Consolidated)

MEMORANDUM DECISION GRANTING SUMMARY JUDGMENT IN FAVOR OF THE TRUSTEE, DETERMINING FUNDS TRANSFERRED TO DEFENDANT, KENWEN FAMILY LIMITED PARTNERSHIP, ARE CUSTOMER PROPERTY, AND THAT DEFENDANT, KENNETH BROWN, IS LIABLE FOR THE DEBTS OF KENWEN

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